November 4th, 2011
03:31 PM GMT
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Greek PM faces confidence vote, but euro is safe

Athens (CNN) – Relax. The Greeks have it sorted and the euro will live to fight another day.
 
With just hours to go before we know if George Papandreou will survive as Greek prime minister, it's becoming likely deals are being hashed out behind the scenes amongst parliamentarians, the government and the opposition party.
 
What's not clear is if he will survive the confidence vote, but I don't
think it matters. Some sort of government will be cobbled together and it will have to push the latest austerity package through the parliament in the coming weeks. Greece has no choice.
 
People I have talked on the streets tell me they want the euro. The younger the person the more adamant they are - they say they deserve to be in the euro and this debacle is the fault of the politicians.
 
The Greek people aren't "lazy" one woman asked me to pass on to viewers. But what is also clear is that Athenians feel humiliated about all that has happened over the past 18 months.
 
So, now, vote for him or vote against him, it appears the Papandreou
government is on its last legs. Surely, the same is not the case for Greece
and the euro.

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Filed under: Business • Greece

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soundoff (5 Responses)
  1. Dick Hart

    Carney now global banking top cop ... http://canuckreport.ca

    November 4, 2011 at 5:52 pm |
  2. john petrino

    I would be more concerned about the dollar than the euro

    November 4, 2011 at 9:45 pm |
  3. @helloathos

    Check out Xtra Greek Man's opinion! http://www.egarage.tv/videos/view/xtra-greek-man

    November 5, 2011 at 7:37 pm |
  4. Gerxa

    Hello friends from the U.S. and America, I have one request to you. We do news site in Eastern Europe and Greece, but here in Bulgaria salary is only $ 250 / month. We want to know the real news that our neighboring country Greece. We are looking for sponsors for 7plus7.net
    >>> First Investment Bank
    IBAN: BG59FINV91501014708692
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    Bulgaria
    The crisis in Greece hit us cruelly, here is 30% unemployment, people drink, but banks only suck people's money. We want Europe to do your human and real news in English, so if you have heart – help, even with $ 1, we will be grateful from the heart. One day it became like Murdoch or Buffett will visit the United States. Greetings from Europe poor and the poorest country in it – Bulgaria.

    Veljko Velev – editor and a student from Sofiashow more show less

    November 5, 2011 at 10:27 pm |
  5. icon package

    Very good message

    October 8, 2012 at 4:01 pm |

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